EP 69 - Becoming Wealthy Through Land Flipping & Investing w/ Michelle Bosch
Send us a text
In this episode, you'll hear the incredible story of Michelle, an immigrant from Honduras who transformed her life through real estate after ditching the corporate grind. Along with her husband, she's flipped over 5,000 pieces of land—avoiding the headaches of contractors and competition that come with house flipping. The simplicity and scalability of land flipping didn't just bring in massive cash flow; it set them up to invest in over 1,000 multifamily units.
But what really sets Michelle's journey apart are the advanced tax strategies that have fueled their growth. We’ll unpack how they've navigated the tricky waters of broker-dealer status, self-employment taxes, and unique tax exemptions that allowed them to flip land without recognizing income upfront. This episode highlights the critical role of strategic tax planning and how a specialized CPA can be the difference between success and failure in real estate.
And it doesn’t stop there. Michelle’s 16-year-old daughter just flipped her first piece of land, proving that real wealth isn’t just about dollars and cents—it’s about passing down entrepreneurial skills that last for generations.
If you’re an affluent entrepreneur looking to maximize your wealth, now is the time to take action. Schedule a 50-minute discovery session with our CPA firm to learn how advanced tax strategies can protect and grow your wealth. Click here to get started: https://calendly.com/d/3w4-27y-k3t/50-minute-discovery-session
To learn more about Michelle, go to: https://orbitinvestments.com/multi-family/
Information
- Show
- FrequencyTwice monthly
- Published15 September 2024 at 22:00 UTC
- Length38 min
- RatingClean